MacMan, Inc. reported the following data: 2019 2018 Amount Percentage Revenues $ 6 comma 390 $ 4 comma 990 $ 1 comma 400 28.06% Cost of goods sold 3 comma 400 2 comma 500 900 36% Gross profit 2 comma 990 2 comma 490 500 20.08% Operating expenses: Sales and marketing expense 685 640 45 7.03% General and administrative expenses 460 430 30 6.98% Research and development expense 470 390 80 20.51% Other expense 460 740 (280) (37.84)% Total operating expenses 2 comma 075 2 comma 200 (125) (5.68)% Income before income tax 915 290 625 215.52% Income tax expense 260 240 $ 20 8.33% Net income (loss) $ 655 $ 50 $ 605 1 comma 210% The horizontal analysis shows that cost of goods sold has . (Round your answer to two decimal places.)

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to ifrs. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $2,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $3,000,000 to $5,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $6,000,000, with a present value of $4,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $2,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000.

In what way does congress participate in checks and balances as a lawmaking authority? it raises taxes. it meets regularly with the supreme court.

Three fundamental issues separate net income and cash flow. which of the answers below is not one of these three fundamental issues? interest expense noncash accounting noncash expense items accrual accounting